Archimedes Tech SPAC Partners III Prices IPO Of 24 Mln Units At $10.00/unit
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Archimedes Tech SPAC Partners III Co. has priced its IPO of 24 million units at $10.00 each, totaling $240 million in gross proceeds. Each unit includes one ordinary share and one-fourth of a redeemable warrant. The units will trade on Nasdaq under the symbol "ARCIU" starting January 23, 2026, with the offering expected to close on January 26, 2026. BTIG, LLC is the sole book-running manager for the offering, and the underwriter has a 45-day option to purchase an additional 3.60 million units.
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